4 month consolidation breakout. Measured move is $17.50
Thursday/Friday breakout is confirmed.
I think $16.00 is a strong possibility by 12/10
The combination of hard resistance with high level of stochastic and non breakout of OBV level => Short
Set up
It has cleanly broken this descending trend line, with targets of 15.32 and 16 next
A text book Trend break with filter confermation Targetting 161% of the down movement before the break ! all the best :D
Beautiful green candles out of falling wedge.
Clean breakout Friday on volume with positive MACD divergence
Very bullish on Bank of America.
check the chart out
READ THE INSERT..SAYS IT ALL
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BAC shows a bearish bat pattern on weekly chart.
$XLF
using 2 different cloud settings gives an interesting chart. With DC under a no vote hard to tell what direction anything will go next week, lets hope positive.
MFI Overbought/Oversold
@alt - Weekly view with notes on chart
